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The Falkland Islands (Overseas Territory of the UK; also claimed by Argentina) are islands in the South Atlantic Ocean, east of southern Argentina. The climate is cold marine with strong westerly winds, cloudy and humid. It rains more than half of the days in a year and there is occasional light snow all year, except in January and February.

The official language is English. The main religion is Christianity.

The economy of the Falkland Islands, previously heavily over-dependent on sheep farming (and historically whaling), has become more diversified in the last decades and now also has income from tourism and commercial fishing as well as a service base for the fishing industry.

The security risk for expatriates in the Falkland Islands is low. Risks include the relatively low risk of petty crime.

The currency of the Falkland Islands is the Falkland Islands Pound (FKP) which is fixed against the British Pound.

Medical facilities are limited. Serious or complex medical treatment may require evacuation which can be expensive.

The population of the Falkland Islands is 3,400 (2018 est.), while the inflation rate (CPI) is 2.1% for the Falkland Islands as at December 2018.

Xpatulator Hypothetical Tax for the Falkland Islands is based on the current personal income tax rates which are progressive up to 26%.

Cost Of Living

The cost of living for expatriates / professional migrants in Falkland Islands as at 1 January 2019 is average in comparison to other places in the world.

Falkland Islands is for example -16.9% cheaper than USA for groceries, 28.1% more expensive for household costs than UK, and 76% more expensive for transport costs than India.

Falkland Islands is ranked as a high degree of hardship location.

The hardship premium for Falkland Islands for an expat from Australia, is for example 20%, i.e. host location (the Falkland Islands) premium of 30% minus home (Australia) location premium of 10%.

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